Supply and Demand Teacher Resources
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Supply and Demand
Happy Meals® may have been popular because of the coveted prize that came with the fries. Mathematicians analyze a fictitious BurgerRama campaigning to sell cartoon-character dolls. They graph sales on a chart. In doing so, they examine linear equations for supply and demand.
7th - 10th Math 72 Views 235 Downloads CCSS: Adaptable
Supply and Demand, Lessons from Toy Fads
Kids consider the economic concepts of goods, services, supply, and demand by assessing the impact toy fads have on consumer behavior. They watch a clip from the film Hudsucker Proxy, discuss Hula-Hoops and Silly Bandz, then use those toy fads as case studies for equilibrium price, and supply and demand.
9th - 12th Math 33 Views 72 Downloads
Understanding the Workplace
Now that your scholars have some career aspirations, it's time to explore the demand for these professionals based on labor projections. They explore the Law of Supply and Demand in a guided discussion, outlined here. There are some great prompts that will lead pupils into understanding of these sometimes difficult economic concepts.
10th - 12th 21st Century Skills 11 Views 58 Downloads
Coal Supply and Demand
A hands-on simulation perfect for an economics lesson, young learners investigate the availability of different sources of natural energy (coal, natural gas, oil, solar, and nuclear) and how this availability affects their cost. Simulate the distribution of natural energy sources with beads that are hidden around the room.
5th - 10th Math 18 Views 12 Downloads
Battle Behind the Pumps - Exploring Supply & Demand
After considering the role that gasoline plays in our lives and our dependence on it as a society, learners participate in a reading activity discussing why the price of oil is increasing. They will then simulate being members of a committee that must review a bill to suspend a fuel tax, acting as special interest groups and legislators.
10th - 12th Social Studies & History 20 Views 12 Downloads CCSS: Adaptable
Supply and Demand: Lessons from Toy Fads
Supply and demand can be a complicated concept for some young scholars, and this resource makes the topic interesting and accessible. Economics classes may enjoy using case studies of Hula Hoops and Silly Bandz to learn about this concept. They first watch a clip about the Hula-Hoop demand in the 1950s-60s, and then discuss questions about supply and demand.
11th - 12th Social Studies & History 71 Views 116 Downloads
Supply and Demand Curves and Market Price Equilibrium
Investigate the wonders of supply and demand curves. Learners create and graph supply and demand curves, and as a class, discuss the properties of the curves. They investigate how price affects the quantity demanded and supplied and discuss what factors may cause changes in the demand and supply curves.
11th - 12th Social Studies & History 42 Views 148 Downloads
In Great Demand
Focusing on supply and demand, learners discuss economic principles in this lesson related to Wisconsin. After discussing supply and demand, learners answer questions related to a pizza parlor. They talk about profit, as well as other economic concepts.
2nd - 3rd Math 8 Views 63 Downloads
New Review Supply and Demand
Put economics skills into practice with a series of scenarios and related tasks. The plan is built around centers and differentiation, and each activity includes three slightly different tasks for students to complete based on a shape given to them by an instructor.
7th - 12th Social Studies & History 37 Views 25 Downloads
Those Golden Jeans
What do pizza, jeans, and gold have in common? Give up? They are all products that require natural, human, or capital resources to be mined or produced. They also require a market price that can fluctuate with the ebb of supply and demand. Learners complete a variety of activities to examine these very basic economic concepts.
7th - 8th Social Studies & History 21 Views 37 Downloads
Road To Roota
Did you know that there are comic books that can help learners discover economic concepts like supply and demand. The format of this lesson is highly engaging and enables them to discover how economics can be an exciting field of study. Note: Concepts and vocabulary will need to be previewed prior to beginning the lesson.
2nd - 7th Social Studies & History 8 Views 80 Downloads
A New Business: Vinnie's Pizzeria and the Lessons of Supply and Demand
In this supply and demand worksheet, learners read about supply and demand and the impact these can have on a new business. They then answer the 9 questions in the packet. The answers are at the end of the packet.
8th - 12th Social Studies & History 68 Views 302 Downloads
Supply and Demand
Students define economic terms, list three conditions that must be present in order for demand to exist, define law of supply and demand, differentiate between buyer's and seller's markets, examine concept of elasticity, view tutorial on Virtual Economics, answer questions on consumer questionnaire, and compile results in spreadsheet format.
9th - 12th Social Studies & History 49 Views 185 Downloads
Chapter 3: Individual Markets, Demand & Supply
Supply and demand, one of the most fundamental topics in economics, is the focus of this presentation. Cascading through detailed graphs and defining the law of demand, as well as the demand and supply schedules, this slideshow is sure to get the attention of even your most reluctant economists.
10th - 12th Social Studies & History 28 Views 56 Downloads
Demand and Supply—It’s What Economics Is About!
In this economics lesson, learners examine the principle of supply and demand related to the oil market as they identify factors that cause curves and shifts and determine equilibrium. Upper graders read an informational article and use their economic math skills to determine a supply and demand curve for a given data set.
9th - 12th Social Studies & History 52 Views 223 Downloads
Currency Exchange Introduction
Learners are introduced to fluctuating currency exchange rates and the role therein of supply and demand. They understand the inverse relationship between supply and price based on these concepts, and view a hypothetical scenario involving the Chinese Yuan and US dollar.
12 mins 11th - Higher Ed Social Studies & History 6 Views 3 Downloads